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20121004
20121004
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FBC 7
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FOX Business
Oct 4, 2012 9:20am EDT
yesterday talking about the challenging environment and the year ahead is fix and build. the acceleration 2015 and we see selling down 12 1/2% this week alone. stuart: this is important because hewlett-packard is one of the great names of technology, printers, computers, a range of products, they're one of the greats of american technology and now down to a nine-year low. that's not a happy company. meg whitman runs it and has her work cut out for her. >> she's trying to turn around the company and talking about fix and build and they will have layoffs. everybody was hoping for a lot more, a lot faster and when you see the stock is down just 13% this week, obviously, disconcerting. stuart: can you get the stock price up by chopping away at the work force? very interesting question. nicole, thank you very much indeed. the dow industrials opened 40 points higher the first 90 seconds of business, there you go. gas prices, we bring you this news up only slightly. 3.78 for regular and diesel 4.08. the big story within the gas price arena. california, due to refinery problems there are gas pric
FOX Business
Oct 4, 2012 3:00pm EDT
operations are safe and clean for our communities and the environment. we're america's natural gas. you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. ♪ >> welcome back. we are taking a look at your top commodity movers. looking at rbob gasoline. reversing yesterday the big losses. crude almost completely erasing yesterdays losses. rbob up. crude oil prices also a big gainer. back above $90 a barrel. crude prices in the range of 91-$92 a barrel. gold also shining. about three quarters of a percent. we got some comments from mario draghi. they are going to do something, another bond buying program of some sort. that eased concerns over in europe. also, by the way, we had a weaker u.s. dollar, stronger euro scenario on that. it was a big win
FOX Business
Oct 3, 2012 11:00pm EDT
in this environment. one more point*. >> we had this discussion before the. >> in order to reduce the deficit there have to be revenue in addition to cut. >> mitt romney has ruled out revenue. >> absolutely. neil: okay. i think the gist of that was how to get the deficit under control in have to have a mix of spending cuts and tax increases. and what about the president in a mitt romney to some ratio? and that it would not cut it for him. i don't think he scored. i think romney clearly one. he does need to provide more specifics, but i think he was in command. he made a couple of statements that need to be clarified. and he does not want more revenue but he wasn't true growth not taxes. what do you define as more revenue? as compared to current gdp your under current law? we are under much higher levels than before. to thing surprised me. obama's said social security doesn't have a problem. it needs tweeting. it is underfunded $8 trillion and he also said his idea was not that different than governor romney's. especially since the president has not said much but when the president compared hi
FOX Business
Oct 4, 2012 4:00pm EDT
to start of your business in the current economic environment with all the new regulations? >> i speak to my terms as governor of new mexico. in the last year they came out with a report card on presidential candidates and who had the best record on job creation. that was me. my response was the same as when i was governor of new mexico. i didn't create a single job as governor of new mexico. the private sector does but i controlled all the agencies and appointed heads of all the agencies and controlled rules of regulations. they got better on a daily basis. less time and less money to comply with rules and regulations were not going to make anybody more saves for healthier. dave: i love to hear a politician say i didn't create jobs, the private sector did. god bless you on that one. governor gary johnson. great to see you, thank you for coming and again. >> great to be on with you. dave: who is to blame for the financial crisis? john allison bleed religion in the banking industry, says he can prove a was too much government. not too little that is to blame. john allison, joining us. c
FOX Business
Oct 3, 2012 8:00pm EDT
think the numbers are right. 1.3% going forward. for business, for business, it's not a good environment. there's no reason for any businessman out there to want to grow his business, advance his business, hire more people, create more problems. obamacare will be a major problem for business. let me bring something up to you, neil. you asked what i think they should be talking aboutment one of the things that romney should be talking about, which i heard your program yesterday, you were talking about the price of gas, and you said the american people, they got used to it. i'm a retailer. i'll tell you that i lived through cycles. for instance, whenever there was a problem with copper, we had to raise prices in the store for wiring and everything else. if there was a problem in the lumber area, we would have to raise prices because you have to make up for the cost of demand. right now, the price of gas is causing a price increase across the board, and when obama talks about the middle class and protecting the 47%, let's use the 47%, the truth is in retail business, this is has an effect o
FOX Business
Oct 4, 2012 1:00pm EDT
. all of this coming after an analyst conference where they talked about a challenging environment and challenging year ahead. back to you. melissa: thank you so much. oil rebounding after dropping almost 5% in the last two sessions. let's get to phil flynn of the price futures group. >> they are getting an awful lot of help to keep pushing these prices higher. first of all caught you have the products exploding today. gasoline rocketing. heating oil rocking. creating a price spike. his comments, the dollar down. the risk entrÉe comes in in a big way. that always helps out the oil market. a nightmare if you have developed your gas tank. melissa: yes. absolutely. what a difference a day makes. lori: a fresh two-week high for the euro against the dollar. let's go to cleveland. reputation hammered over the years. serious revitalization expected from a brand new revenue generated casino. what is the education system is facing problems? liz claman is there live. liz: all of those great new business products and prospects. so much of that has come because of an organization. the partner
FOX Business
Oct 3, 2012 9:00pm EDT
jobs in this environment. >> moderator: back to the taxes thing for a moment. romney: okay. >> moderator: mr. president? obama: we've had this discussion before. >> moderator: the idea that in order to reduce the deficit, there has to be revenue in addition to cuts. obama: now, governor romney has ruled out revenue. he's ruled out revenue. romney: absolutely. look, the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we balance the budget, but the idea of taxing people more, putting more people out of work, you'll never get there. you never balance the budget by raising taxes. spain, spain spends 42% of their total economy on government. >> moderator: okay. romney: we're now spending 42% of our economy on government. i don't want to go down the path of spain. i want to go down the path of growth that puts americans to work with more money in because they're working. >> moderator: but, mr. president, you're saying in other words -- in order to get the job done, it's got to be balanced. obama: if we're serious, w
Search Results 0 to 6 of about 7